Layoffs In January 2024. Microsoft will lay off around 1,900 employees in its gaming unit, or around 9% of its workforce. The technology industry continued to face significant upheaval in july 2024, with over 8,000 professionals losing their jobs across 34 companies.

Some smaller tech startups are running out of cash and facing. Layoffs peaked in january of last year, when 277 technology companies cut almost 90,000 jobs, as the tech industry was forced to reckon with the end of a more.